Will you pay the XRP 320M whale until after $ 3.50? star-news.press/wp

Main meals

The accumulation of the whale, the cup style and the upholotherapy enhances the possibilities of breaking XRP. Long toughest location and the high open interest reflects a strong circulation.

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Over the past 72 hours, large XRP holders have collected 320 million icons, indicating the intensification of demand from high value investors.

This aggressive purchase boom coincides with increasing market confidence and reducing sale pressure.

Time to write this report, XRP It was circulated about $ 3.25, which reflects fixed gains despite the wider fluctuations.

The accumulation of the whale in this scale often reduces the liquidity available to the exchanges, which is likely to put the way for more upward movement.

Thus, this strategic purchase wave can be a pivotal factor that is the direction of the XRP price in the short term.

Can the formation of the XRP Cup increase?

XRP daily chart shows a clearly specific pattern in the cup and car near a critical supply area ranging between $ 3.35 and $ 3.50.

This classic biopsy indicates uniformity before a possible outbreak.

At the time of the press, the RSI index sat at 57.28, indicating a neutral momentum with an upward expansion space.

However, the prices must be closed decisively over the show area to confirm the continuation of the rise.

Looking at the activity of the last whale and the promotion of feelings, traders may look at this as an opportunity to communicate early before the volatility of potential resistance.

Why do long situations dominate the derivatives of the derivatives?

In the Binance’s XRP PERPTUAL market, long accounts make up 85.33 % of open positions, while short accounts represent only 14.67 %.

This overwhelming deviation towards Longs highlights the strong TRADER condemnation of the XRP potential.

The long/short percentage of 5.82 reflects the market that is strongly tilted towards upward bets. However, such imbalances can amplify both emerging and lower moves.

Continuous price gains are likely to require constant support to purchase the category of whales and retail investors to maintain momentum and absorb profit pressure.

Does he support positive feelings and high MVRV march?

At the time of writing this report, the likely feelings remained positive, indicating the optimism of the market despite the recent fluctuations. The MVRV Z’s degree was at 3.46, a somewhat high level indicating that their holders are in profit.

While this can provide confidence, it also increases the risk of profit near the resistance.

Therefore, feelings of feelings and evaluation provides a balanced image – the maximum, but merchants should be aware of the potential pressure pressure if the gains accelerate very quickly.

It is possible that maintaining the bullish momentum requires continuous accumulation and strong attention to purchase.

Are traders multiplying with higher open attention?

The open interest of XRP (OI) also increased to 3.1451 billion, an increase of 7.14 %, at the time of the press, confirming an increase in market participation.

This height indicates that merchants commit more capital for both long and short positions, which expects to increase volatility.

OI increase, long/short/short, often indicates increased confidence and the possibility of sharp prices.

However, without supporting the strong immediate market, the high financial lever can also perform a sudden liquidation. Therefore, monitoring of financing rates and direction flows remains necessary.

Will XRP exceed its exhibition area?

XRP has a strong possibility to break its supply area if the accumulation of whales continues at the current pace and the long dominant position occurs.

It provides a mixture of bullish chart style, OI height, and overwhelming condemnation.

Therefore, the decisive closure over $ 3.50 can confirm the penetration and may open the door to make continuous gains.